Companies have good reasons to be concerned about generative AI

2023-11-08 04:30

Companies need help to get visibility into the operations of their AI programs, potentially reducing productivity while creating significant risks around governance, data security, and more, according to Portal26.

Two-thirds of respondents admitted to a Generative AI security or misuse incident in the past year.

While 84% of respondents have invested or are planning to invest in GenAI, 71% of these GenAI operations were launched within the last two years, and 49% were launched in just the last 12 months.

Regardless of the risks, optimism for the benefits of Generative AI for their business is strong: 82% of respondents reported high confidence that GenAI grants them a competitive advantage.

From the responses, it is clear that companies are beginning to take the risks presented by inadequate visibility into GenAI very seriously.

At the same time, employee GenAI training is lagging behind technological developments, with 58% of companies providing their employees less than five hours of annual education and training on GenAI issues.

News URL

https://www.helpnetsecurity.com/2023/11/08/genai-visibility-risks/

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